China never should have been given MFN trading status and Clinton did that (too)...
China getting that status was inevitable no matter who was President... due to China's increasing influence around the world... I have no doubt Bush would of gave them that status had Clinton not done it... but if you want to put some blame then do so with Nixon opening the doors to China... all roads would lead there first...
-------------------- Let the world change you... And you can change the world.
Ernesto "Che" Guevara de la Serna Posts: 4669 | Registered: Mar 2004
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China never should have been given MFN trading status and Clinton did that (too)...
China getting that status was inevitable no matter who was President... due to China's increasing influence around the world... I have no doubt Bush would of gave them that status had Clinton not done it... but if you want to put some blame then do so with Nixon opening the doors to China... all roads would lead there first...
overlooking bad behaviour only encourages more. the country is run by communists.
the govt of China is not the "good guys" no matter how many friends you have there.WHY does our govt make US workers compete with this?
China raises export tax rebates on over 3,700 items
* Reuters, Wednesday November 12 2008
BEIJING, Nov 12 (Reuters) - China moved on Wednesday to boost its export sector by increasing tax refunds applicable to more than 3,770 items from next month, the latest step in its campaign to bolster its flagging economy. China's State Council, the cabinet, also decided to scrap export taxes for some steel and chemical products and grains and reduce the export tax on fertiliser, according to an official announcement published on the central government Web site. The tax rebates were the second batch announced in less than one month, potentially covering more than half of all exporters. The latest round of rebates are aimed at exporters in labour-intensive sectors, particularly producers of electrical and mechanical goods, as part of a campaign to "stimulate domestic demand and to promote stable but rapid economic growth", the statement said. This would cover 27.9 percent of all Chinese exports. Last month, China announced an increase in tax rebates that targeted textile, toy and clothing producers, covering more than a quarter of all exports. The government had already increased export tax breaks for the garment sector in July. The export tax on grains ranges from 5 percent to 20 percent while that for steel products is as high as 25 percent. Xinhua cited China's civil aviation chief, Li Jiaxiang, as saying the country would also begin investing 250 billion yuan in airport projects from 2010, as part of the government's 4 trillion yuan stimulus package announced this week. (Reporting by Langi Chiang and Zhou Xin; Editing by Ruth Pitchford)
Trend forecaster, renowned for being accurate in the past, says that America will cease to be a developed nation within 4 years, crisis will be "worse than the great depression"
The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions - all within four years, while cautioning that putting food on the table will be a more pressing concern than buying Christmas gifts by 2012.
Gerald Celente, the CEO of Trends Research Institute, is renowned for his accuracy in predicting future world and economic events, which will send a chill down your spine considering what he told Fox News this week.
Celente says that by 2012 America will become an undeveloped nation, that there will be a revolution marked by food riots, squatter rebellions, tax revolts and job marches, and that holidays will be more about obtaining food, not gifts.
"We're going to see the end of the retail Christmas....we're going to see a fundamental shift take place....putting food on the table is going to be more important that putting gifts under the Christmas tree," said Celente, adding that the situation would be "worse than the great depression".
"America's going to go through a transition the likes of which no one is prepared for," said Celente, noting that people's refusal to acknowledge that America was even in a recession highlights how big a problem denial is in being ready for the true scale of the crisis.
Celente, who successfully predicted the 1997 Asian Currency Crisis, the subprime mortgage collapse and the massive devaluation of the U.S. dollar, told UPI in November last year that the following year would be known as "The Panic of 2008," adding that "giants (would) tumble to their deaths," which is exactly what we have witnessed with the collapse of Lehman Brothers, Bear Stearns and others. He also said that the dollar would eventually be devalued by as much as 90 per cent.
The consequence of what we have seen unfold this year would lead to a lowering in living standards, Celente predicted a year ago, which is also being borne out by plummeting retail sales figures.
The prospect of revolution was a concept echoed by a British Ministry of Defence report last year, which predicted that within 30 years, the growing gap between the super rich and the middle class, along with an urban underclass threatening social order would mean, "The world's middle classes might unite, using access to knowledge, resources and skills to shape transnational processes in their own class interest," and that, "The middle classes could become a revolutionary class."
In a separate recent interview, Celente went further on the subject of revolution in America.
"There will be a revolution in this country," he said. "It?s not going to come yet, but it?s going to come down the line and we?re going to see a third party and this was the catalyst for it: the takeover of Washington, D. C., in broad daylight by Wall Street in this bloodless coup. And it will happen as conditions continue to worsen."
"The first thing to do is organize with tax revolts. That?s going to be the big one because people can?t afford to pay more school tax, property tax, any kind of tax. You?re going to start seeing those kinds of protests start to develop."
"It?s going to be very bleak. Very sad. And there is going to be a lot of homeless, the likes of which we have never seen before. Tent cities are already sprouting up around the country and we?re going to see many more."
"We?re going to start seeing huge areas of vacant real estate and squatters living in them as well. It?s going to be a picture the likes of which Americans are not going to be used to. It?s going to come as a shock and with it, there?s going to be a lot of crime. And the crime is going to be a lot worse than it was before because in the last 1929 Depression, people?s minds weren?t wrecked on all these modern drugs ? over-the-counter drugs, or crystal meth or whatever it might be. So, you have a huge underclass of very desperate people with their minds chemically blown beyond anybody?s comprehension."
The George Washington **** has compiled a list of quotes attesting to Celente's accuracy as a trend forecaster.
"When CNN wants to know about the Top Trends, we ask Gerald Celente." ? CNN Headline News
"A network of 25 experts whose range of specialties would rival many university faculties." ? The Economist
"Gerald Celente has a knack for getting the zeitgeist right." ? USA Today
"There?s not a better trend forecaster than Gerald Celente. The man knows what he?s talking about." - CNBC
"Those who take their predictions seriously ... consider the Trends Research Institute." ? The Wall Street Journal
"Gerald Celente is always ahead of the curve on trends and uncannily on the mark ... he's one of the most accurate forecasters around." ? The Atlanta Journal-Constitution
"Mr. Celente tracks the world?s social, economic and business trends for corporate clients." ? The New York Times
"Mr. Celente is a very intelligent guy. We are able to learn about trends from an authority." ? 48 Hours, CBS News
"Gerald Celente has a solid track record. He has predicted everything from the 1987 stock market crash and the demise of the Soviet Union to green marketing and corporate downsizing." ? The Detroit News
"Gerald Celente forecast the 1987 stock market crash, ?green marketing,? and the boom in gourmet coffees." ? Chicago Tribune
"The Trends Research Institute is the Standard and Poors of Popular Culture." ? The Los Angeles Times
"If Nostradamus were alive today, he'd have a hard time keeping up with Gerald Celente." ? New York Post
So there you have it - hardly a nutjob conspiracy theorist blowhard now is he? The price of not heeding his warnings will be far greater than the cost of preparing for the future now. Storable food and gold are two good places to make a start.
Has this guy ever made a prediction that didn't come true?
-------------------- Let's Go METS!!! Posts: 3317 | From: CT | Registered: Dec 2006
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"Since Infowars could not be bothered to perform even the most rudimentary act of journalism, the time has come to see if Celente’s record truly cuts the mustard.
In May 1993, in a story about fiftysomethings losing their jobs written for the Orange County Register, Celente was quoted. He was advising IBM at the time during a period of downsizing. What was Celente’s golden advice? He informed displaced executives to “go for some kind of counseling.” Asked to comment on this situation, Celente offered the same doom and gloom boilerplate that he’s telling us today: “The Industrial Age is ending. All the systems are breaking down and that means disappointment and disillusionment for the people who grew up in the ’50’s.” He elaborated, “These people believed in the Ozzie and Harriet way of life. That concept is dead. So is the concept of retiring at 65.” These were hardly prescient or specific thoughts, but they were certainly dramatic enough to make it into an Orange County newspaper.
Why not get topical? Let’s take Celente on a more specialized subject like restaurants. In 1993, Celente predicted “growing demands for take-out food, high- and low-end restaurants, and restaurants that offer live entertainment. Middle-range restaurants with mainstream fare will suffer.” Aside from the fact that Celente’s prediction accounts for about 90% of restaurants, doesn’t the fact that human beings need to eat remain a comfy ledge to launch a prediction?
In 1998, Celente told Money Magazine that, as the population grows older, “Americans will be spending more time at home than ever before both for pleasure and business.” Imagine that. You grow old, retire, and then you suddenly have more time. How the hell did Celente know?
In the September 21, 2000 edition of Newsweek, the great futurist weighed in on mindless chores. Why are they called mindless? “Your mind can’t be going all the time.” And when any problem becomes bigger, it becomes bigger than burnout. “It’s road rage, it’s air rage, it’s Columbine, it’s stress — and people don’t get it.” I’m wondering if it’s also the kind of impulse that will cause you to make impetuous predictions about the United States’s future.
Asked by CBS News in May 2005 to comment upon where Dillard’s planned to go, Celente had this to say: “There is nothing Dillard’s has that you can’t find in 1,000 other places. America is vastly overstored.” Take out “Dillard’s” and sub it in with another department store chain name, and you begin to see what little Celente’s remarks say.
But if we’re in for a future of doom and gloom, Celente has been sending us some mixed messages. He told the Associated Press in May 2005, “The bottom of the luxury market is not going to fall out.”
Talking with the Associated Press in September 2005, Celente suggested that Wal-Mart could deflect its negative image with its philanthropy. That’s hardly a stunning insight. Any positive action has the probability of causing a company to look good. This is rudimentary probability. But what profound thoughts did our great seer tell the AP? “We try to refrain from making value judgments — what the motive is. But the fact is that [Wal-Mart was] there with trailer trucks being turned away. Amazing, isn’t it?” Amazing indeed. Presumably, the AP reporter who talked with Celente did so because the reporter needed somebody to describe the situation as “amazing” or “magnificent.” Some casual modifier that might be confused for profound thought.
Celente was asked to weigh in on Internet trends by the San Francisco Chronicle’s Patricia Yollin in December 2006. “People are more electronically connected and less humanly connected,” opined our great psychic. And if that general piece of advice wasn’t enough, Celente also took the time to badmouth public displays of affection, pointing out how unacceptable it was to put PDA in “techno jargon.” Perhaps Celente confused PDA with another type of PDA, but what he didn’t seem to tell the reporter was that acronyms have existed long before the Internet."Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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By JULIA LAWLOR Published: February 14, 1999 His desktop is covered with 14 globes, and 11 more are scattered about his office or suspended from the ceiling. ''People just started giving them to me'' in the mid-1980's, said Gerald Celente, director of the Trends Research Institute in Rhinebeck, N.Y. Before long he found himself adding to the collection during his travels. Some of the globes have dual uses, with one doubling as a pencil sharpener and another as a (currently nonworking) telephone.
The globes make the not-too-subtle point that Mr. Celente tracks the world's social, economic and business trends for corporate clients. To that end, he scours close to 100 publications; on his desk recently were two British tabloids with doomsday millennium headlines; a report on monetary and trade news from the Group of Seven industrial nations; Travelsmith, a catalogue of travel-related products; Extra, the magazine of Fairness and Accuracy in Reporting, a media watchdog group, and Resurgence, a British environmental magazine.
Lately, Mr. Celente has caught the millennium fever - and he predicts that the celebrating will begin well before the clock strikes midnight on Dec. 31.
''Employers should anticipate several weeks of low productivity,'' he wrote to his newsletter subscribers. He plans to spend New Year's Eve on the island of Malta, he said, ''because it won't be loaded with people.'' JULIA LAWLOR
Welcome to the millennium Presents excerpts from the book 'Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century,' by Gerald Celente. Forecasts for the year 2000; Trends. INSETS: 7 top trends for 1997; Millennium Q & A; 20/20 foresight?
quote:Originally posted by Lockman: Does this guy pick NFL games? lol
Yep. He gives 50% of the people he talks to one team and the other 50% the other team.
Posts: 3255 | From: Los Angeles California | Registered: Jan 2006
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posted
Great! white trash, people who dont work, hippies, non productive citizens, liberals, anarchists, socialists, are going to go around causing crime and blame it on "big bad corporate america".
Stop tearing down this country you jerks!!!
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so. Posts: 6949 | Registered: Apr 2004
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posted
Stop tearing down this country you jerks!!!
LOL. cash the damage was done before Obama even came into office. we've sat here and watched it unfold and broke down the economic policies and reasons that brought it on.
you make a case for Patriotism, when it has been fairly obviuos for years that the "Corporate" people as they are recognised by SCOTUS are the least patriotic people in the country.
you don't like the protestors? too bad. the Constitution says they have that right.
the occupy wall street people are not Obama suporters IMO. htey are mad cuz nobody on wall st but Madoff went to jail yet..... his crimes are minor compared to what has gone on. The bailouts were needed to keep food on the shelves and avert the revolt that would have come otherwise
tell me something, and be real dude, do you think that Wall St should be allowed to survive if they continue to allow program traders make millions of trades per minute designed to do nothing more than paint the charts and drain the investments out of the market penny by penny second by second year over year? How long can a system run like that before it collapses? The Chinese have a very old term for that, it's called death a million cuts....
people are angry everywhere. calling them names just adds fuel to the fire, it surely not a solution.
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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posted
the food riots have been averted so far, since there 's still food on the shleves... the Tax Rebellion is called class warfare as if class warfare isn't already raging, it's just that the middle class hasn't been fighting back at all...
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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posted
maybe the class warfare should be looked at from this angle:
lets say i am a laborer in union who has worked for 30 yeears at 50 thousand per year average and have saved in a managed pension fund for all my life.
Every penny i invested i worked for and i paid taxes on. These hedge fund managers come along, use program trading to liberate my life saving from my portfolio, and then they don't even pays as high a tax rate to liberate my money as i did to earn it...
that's just one part of the reason people are so angry cash. The hedge fund guys make account available to the Senator and Congressmen and then they get all kinds of preferences in the laws....
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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